Sen. Bam: Ensure enough funds for BOL transition

Date: February 05, 2019

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Sen. Bam Aquino called on fellow lawmakers to allot enough funds for the full implementation of the Bangsamoro Organic Law (BOL) to ensure the fulfilment of its mandate to bring peace and order in Mindanao.

Republic Act 11054 or the Bangsamoro Organic Law mandates that the current appropriation for the Autonomous Region in Muslim Mindanao (ARMM) shall be transferred to the Bangsamoro Transition Authority.

Sen. Bam said the ARMM’s 2019 approved budget of P31.1 billion won’t be enough as the transition to BOL needs around P59 billion.

The Senate version of the 2019 budget has allotted around P30 billion additional budget for the BOL, which Sen. Bam hopes to hurdle the bicameral conference committee.

If there will be a re-enacted budget for 2019, the President can issue a supplemental budget, subject to the certification of the Treasurer of the Philippines that there’s enough fund for the purpose.